Zim returns to Haifa Port

Zim
Zim

Zim has brought its transshipment activity back to Haifa from Piraeus.

Zim Integrated Shipping Services Ltd. announced today that it had signed an agreement with Haifa Port, under which Haifa will resume its role as Zim's transshipment port for the East Mediterranean. The agreement comes after a long period of talks, and follows the completion of Zim's debt settlement, in which Zim expressed its readiness to restore its transshipment activity to Haifa.

The company said that the decision to bring its transshipment activity back to Haifa was made, among other things, at the request of Haifa Port management, as well as out of operational and commercial considerations.

Zim transferred its transshipment activity to Piraeus in Greece because of concerns that its activity would be affected by labor disputes over reform of the ports. This meant a fall in activity at Haifa Port., which the current decision should reverse.

ZIM CEO Rafi Danieli said, "We are happy to be returning to Zim's home port of Haifa. We see Haifa Port as a modern and advanced port that is committed to efficiency and constant improvement in its service to customers. Zim is happy to return and to expand its cooperation with Haifa Port, with the aim of improving its service to customers in Israel and in the whole region."

Moshe Ivri-Sukenik, chairman of the Haifa Port board of directors, said, "Haifa Port sees Zim as a most important customer. The company's board of directors, its management and its workers, thank Zim for the faith it has placed in Haifa Port and its capabilities, and are committed to justifying that faith. Welcome home."

Published by Globes [online], Israel business news - www.globes-online.com - on September 14, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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